Suppose that dow subsequently repurchased 50 million shares

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Reference no: EM13570982

Book value of common stockholders' equity of Dow Chemical, December 31, 2010 (figures in billions).


Common shares ($2.5 par value per share)	$	2.951
Additional paid-in capital		2.306
Retained earnings		17.756
Treasury shares at cost		(0.259	)
Other		(4.895	)

Net common equity	$	17.859

a.	Suppose that Dow Chemical issues 100 million shares at $25 share. Show the company's equity after the issue. (Negative amounts should be indicated by a minus sign. Enter your answers in billions rounded to 3 decimal places.)


Common shares	$
Additional paid-in capital
Retained earnings
Treasury shares at cost
Other

Net common equity	$

b.	Suppose that Dow subsequently repurchased 50 million shares at $36 a share. Rework part (a) to show the effect of the further change. (Negative amounts should be indicated by a minus sign. Enter your answers in billions rounded to 3 decimal places.)


Common shares	$
Additional paid-in capital
Retained earnings
Treasury shares at cost
Other

Net common equity	$

make sure to round according to directions!

Reference no: EM13570982

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